EBay considering PayPal spinoff: report

(Reuters) – EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources. Shares of the online retailer jumped nearly 4 percent to $55.48 at midday. EBay told potential candidates for the position of PayPal chief …

Read More »

EBay rallies on reported plan to spin off PayPal

SAN FRANCISCO (MarketWatch) – Shares of eBay Inc. rallied Thursday on speculation that the e-commerce giant was planning to spin off PayPal. EBay was up more than 5%, the best performer on the S&P 500 . According to a report in The Information, eBay has told candidates for the chief …

Read More »

PayPal girds for possible spinoff from eBay – BetaBoston

BetaBoston PayPal girds for possible spinoff from eBayBetaBostonEbay has been telling potential recruits for the position of PayPal CEO that it's considering spinning off the payments business as soon as next year, according to two people briefed on the conversations. The search for a new head of the unit began …

Read More »